Hey guys,

I wanted to let you know I just released my first iPhone app - SubMovie. It is a video player which reads subtitles files (SRT files) natively and presents the movie with subtitles. No need to embed subtitles into the movie in offline anymore. You can even resize the subtitles while watching the movie (using the famous Pinch gesture), change their color, and even synchronize them with your movie if not in sync - directly on your iPhone.
It also supports many languages, as well as right-to-left languages.
More details in my (modest - I apologize!) site: ArielCattan.com
Thanks for your interest.

Enjoy!
Ariel